Volatility Audio Alert …

This morning the audio alert I have set on the ratio of 30-day volatility to 90-day volatility was activated.

Volatility Ratio – 65 Minute Chart

Maybe nothing will happen out of this early warning, but I will be following the VIX a little more carefully over the next week into month-end next Thursday.  The equity sell-off in China the past couple of days may flow over to other equity markets so I have decided to reduce my long positions by at least 1/2 here today before the early close.

Cheers … Leaf_West

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